Luxhome: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Luxhome
Largest movements
- Stocks and contracts +€604,258
up €604,258 (+95.8%), from €630,949 to €1.2m
of which Contracts in progress: +€638,942
- Receivables within one year +€260,831
up €260,831 (+87.2%), from €298,965 to €559,796
of which Other amounts receivable: +€426,489
- Formation expenses +€152,699
new in 2025: €152,699
- Tangible fixed assets +€142,066
up €142,066 (+156.7%), from €90,660 to €232,726
of which Other tangible fixed assets: +€128,040
- Cash -€129,848
down €129,848 (-80.8%), from €160,634 to €30,785
mainly Stocks and contracts (-€604,258) and Investment in fixed assets (net) (-€349,249)
- Advances received +€632,521
up €632,521 (+154.4%), from €409,701 to €1.0m
- Trade debts +€225,996
up €225,996 (+313.6%), from €72,072 to €298,067
- Debts after one year +€166,751
up €166,751, from €0 to €166,751
- Reserves -€157,000
down €157,000 (-30.2%), from €520,047 to €363,047
of which Distributable reserves: -€157,000
- Short-term financial debts +€149,815
up €149,815 (+81086.4%), from €185 to €150,000
- Gross operating margin -€196,117
down €196,117 (-24.2%), from €809,980 to €613,863
- Staff costs +€19,026
up €19,026 (+2.5%), from €776,368 to €795,394
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,190,222 | €2,244,077 | +€1.1m | +88.5% |
| Formation expenses | 20 | - | €152,699 | +€152,699 | |
| Fixed assets | 21/28 | €90,660 | €242,594 | +€151,934 | +167.6% |
| Intangible fixed assets | 21 | - | €9,868 | +€9,868 | |
| Tangible fixed assets | 22/27 | €90,660 | €232,726 | +€142,066 | +156.7% |
| Plant, machinery and equipment | 23 | €39,714 | €23,967 | -€15,748 | -39.7% |
| Furniture and vehicles | 24 | €50,945 | €80,719 | +€29,774 | +58.4% |
| Other tangible fixed assets | 26 | - | €128,040 | +€128,040 | |
| Current assets | 29/58 | €1,099,562 | €1,848,783 | +€749,222 | +68.1% |
| Stocks and contracts in progress | 3 | €630,949 | €1,235,206 | +€604,258 | +95.8% |
| Stocks | 30/36 | €328,032 | €293,348 | -€34,685 | -10.6% |
| Contracts in progress | 37 | €302,916 | €941,859 | +€638,942 | +210.9% |
| Amounts receivable within one year | 40/41 | €298,965 | €559,796 | +€260,831 | +87.2% |
| Trade receivables | 40 | €298,965 | €133,307 | -€165,658 | -55.4% |
| Other amounts receivable | 41 | - | €426,489 | +€426,489 | |
| Cash at bank and in hand | 54/58 | €160,634 | €30,785 | -€129,848 | -80.8% |
| Deferred charges and accrued income | 490/1 | €9,015 | €22,996 | +€13,981 | +155.1% |
| Total equity and liabilities | 10/49 | €1,190,222 | €2,244,077 | +€1.1m | +88.5% |
| Equity | 10/15 | €539,137 | €381,873 | -€157,264 | -29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €520,047 | €363,047 | -€157,000 | -30.2% |
| Tax-exempt reserves | 132 | €56,547 | €56,547 | = | 0.0% |
| Distributable reserves | 133 | €463,500 | €306,500 | -€157,000 | -33.9% |
| Profit (loss) carried forward | 14 | €490 | €226 | -€264 | -54.0% |
| Amounts payable | 17/49 | €651,084 | €1,862,204 | +€1.2m | +186.0% |
| Amounts payable after more than one year | 17 | €0 | €166,751 | +€166,751 | |
| Financial debts | 170/4 | €0 | €166,751 | +€166,751 | |
| Amounts payable within one year | 42/48 | €646,123 | €1,693,381 | +€1.0m | +162.1% |
| Current portion of amounts payable after more than one year | 42 | €10,321 | €39,018 | +€28,697 | +278.0% |
| Financial debts | 43 | €185 | €150,000 | +€149,815 | +81086.4% |
| Credit institutions | 430/8 | €185 | €150,000 | +€149,815 | +81086.4% |
| Trade debts | 44 | €72,072 | €298,067 | +€225,996 | +313.6% |
| Suppliers | 440/4 | €72,072 | €298,067 | +€225,996 | +313.6% |
| Advances received on contracts in progress | 46 | €409,701 | €1,042,222 | +€632,521 | +154.4% |
| Taxes, remuneration and social security | 45 | €153,844 | €164,073 | +€10,229 | +6.6% |
| Taxes | 450/3 | €48,061 | €16,717 | -€31,344 | -65.2% |
| Remuneration and social security | 454/9 | €105,782 | €147,356 | +€41,573 | +39.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €4,961 | €2,072 | -€2,889 | -58.2% |
| Non-recurring operating income | 76A | €0 | €23,024 | +€23,024 | |
| Remuneration, social security and pensions | 62 | €776,368 | €795,394 | +€19,026 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,443 | €44,616 | +€4,173 | +10.3% |
| Other operating charges | 640/8 | €18,276 | €12,696 | -€5,580 | -30.5% |
| Operating charges capitalised as restructuring costs | 649 | - | -€152,783 | -€152,783 | |
| Non-recurring operating charges | 66A | €636 | €68,864 | +€68,227 | +10722.2% |
| Gross operating margin | 9900 | €809,980 | €613,863 | -€196,117 | -24.2% |
| Operating profit (loss) | 9901 | -€25,743 | -€154,923 | -€129,180 | -501.8% |
| Financial income | 75/76B | €4,736 | €10,651 | +€5,914 | +124.9% |
| Recurring financial income | 75 | €4,736 | €10,651 | +€5,914 | +124.9% |
| Financial charges | 65/66B | €11,317 | €12,768 | +€1,451 | +12.8% |
| Recurring financial charges | 65 | €11,317 | €12,768 | +€1,451 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€32,324 | -€157,041 | -€124,717 | -385.8% |
| Income taxes | 67/77 | €451 | €224 | -€227 | -50.4% |
| Profit (loss) for the period | 9904 | -€32,775 | -€157,264 | -€124,489 | -379.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€32,775 | -€157,264 | -€124,489 | -379.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.